(Reuters) -Italian tyre maker Pirelli said on Thursday its operating profit remained broadly stable year-on-year in the third quarter and confirmed its outlook, weathering the impact of tariffs and
Pirelli confirms outlook, helped by measures to mitigate tariffs
(Reuters) -Italian tyre maker Pirelli said on Thursday its operating profit remained broadly stable year-on-year in the third quarter and confirmed its outlook, weathering the impact of tariffs and foreign exchange volatility.
The company said adjusted earnings before interest and tax (EBIT) came in at 277.2 million euros in the July-September period, topping a 272 million euros in an analyst consensus provided by the company.
Pirelli confirmed its full-year forecasts previously provided in July, as the total impact of tariffs in the first nine months of 2025 was limited to 35 million euros through managing its inventories more efficiently and reducing costs.
($1 = 0.8575 euros)
(Reporting by Enrico Sciacovelli and Giulio Piovaccari, editing by Matt Scuffham)
